Just in:  

You are here: Home»World»South America

South America


Mexico congratulates Brazil win in rival WTO candidacy MEXICO CITY: Mexico congratulated Brazilian diplomat Roberto Azevedo for his victory in the race to lead the World Trade Organization, confirming the defeat of its candidate, former Mexican trade chief Herminio Blanco.Mexico's economy ministry said that, according to the three ambassadors in charge of leading the election process, Azevedo was "the candidate favored by the WTO membership" and that Blanco called him to "express his full support in his new post.""Mexico congratulates Ambassador Roberto Azevedo for his election," the ministry said in a statement.Diplomats said earlier that Azevedo, Brazil's ambassador to the 159-nation organization, narrowly defeated Blanco in the final round of voting in the closed-door contest. Seven other candidates had been eliminated in earlier rounds.The current director general of the WTO is Frenchman Pascal Lamy a former trade chief of the European Union who steps down on September 1 after two four-year terms at the helm.Mexico, Latin America's second ...

Venezuelan banker charged in US for corruption WASHINGTON: A senior Venezuelan government bank official has been charged in the United States for using fake transactions to steal millions of dollars which were sent to Swiss and US accounts, the Justice Department announced Tuesday.Maria de los Angeles Gonzalez, finance and fund manager at the state development bank Banco de Desarrollo Econsmico y Social (Bandes), was arrested Friday and charged in a federal court in Miami along with two traders, Tomas Alberto Clarke and ...
Vatican details pope's World Youth Day trip to Brazil VATICAN CITY: Pope Francis will travel to Brazil in July for World Youth Day, a major Catholic youth event expected to draw upwards of 2.5 million people, the Vatican said on Tuesday.The July 22-29 trip for the Argentine pope, a champion of the poor and disenfranchised, will also include a visit to Rio's Manguinhos slum and a meeting with young inmates.Pope Francis' charisma and the fact that he is Argentinian are expected to prompt a ...
Obama concludes Latin America trips with trade focus SAN JOSE: US President Barack Obama turned the spotlight on economic ties with Latin America on Saturday as he wrapped up a three-day trip to a region roiled by drug violence.Obama sought to shift the narrative away from the drug war during visits to Mexico and Costa Rica this week, praising trade as a path to fighting poverty and creating jobs that turn young people away from a life of crime.The US leader, turning his ...
Cuba marks May Day with homage to Chavez HAVANA: About half a million people across Cuba took part in May Day celebrations dedicated to the late Venezuelan president Hugo Chavez, a close ally of the island's communist leaders.President Raul Castro, 81, reviewed a parade in Havana of some 300,000 people bearing banners and flags, from stands erected in the Plaza of the Revolution alongside a giant portrait of Chavez.Chavez was "the best friend the Cuban people had," said Salvador Valdes, a member of ...
Bolivia announces expulsion of USAID LA PAZ: President Evo Morales announced on Wednesday the expulsion of USAID representatives from Bolivia, accusing the US development agency of meddling in the country's internal affairs.In a fiery speech to workers on May Day, the leftist president of South America's poorest country said the US Agency for International Development was in Bolivia "for political purposes, not social ones." He did not specify exactly how he felt the US agency was interfering in Bolivian affairs.USAID ...
Lawmakers come to blows in Venezuela assembly CARACAS: Political tensions over Venezuela's disputed presidential election boiled over Tuesday in the National Assembly as government and opposition lawmakers said they physically clashed."I'm not the only one who has been beaten. They have struck several lawmakers. (Assembly speaker) Diosdado Cabello has to be held to account personally," said opposition lawmaker Julio Borges.He said he was denied the right to speak in the assembly by the body, which is controlled by a majority loyal to ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln